Question

Gardening shears bought for $₹250$ and sold for $₹325$. What is the profit or loss in the following transactions? Also, find profit percent or loss percent in each case.

Answer 1

C.P. of the Gardening shears $=₹250$

S.P. of the Gardening shears $=₹325$

Profit on the Gardening shears $=S.P-C.P$

$=325-250=₹75$

Profit % $=\frac{Profit}{C.P}\times 100$

$=\frac{75}{250}\times 100$

$=\frac{3}{10}\times 100=30\%$